Property Views

[Estéema]

floppy,


I’m not looking at what govt put in place after acquiring land for Bishan & what ppl start seeing time after ppl started buying into Bishan.

I’m ‘unfortunately’ one with good memory, to recall GCT his years as PM, making speeches for ppl’s but-in & announced the devpt of Bishan New Town, allaying superstitions of cemetery origins & promising good schools & amenities. MRT to Bishan wasn’t even seen, but u know our govt ensure feasibility studies done to expand HDB hubs & put into master plan, long before they announce or ‘market’ it to the ppl. You know how Ah-gong works to hv everything laid out before sounding ppl out but their decision alr top down swung into action.

Maybe the more senior KSP Forumers can verify my account? Hercules? Anyone?

[MrsKiasu]

ABSD rates revised…

[ngl2010]

And LTV is revised too

[lee_yl]

Friend’s agent sent her this:


Team, please take note.

1) Riverfront Residences
2) Parc Colonial
3) Stirling Residences

Will launch tonight

[Coolkidsrock2]

Martin Modern giving 5% off nett price.

[Estéema]

lee_yl:

Friend’s agent sent her this:


Team, please take note.

1) Riverfront Residences
2) Parc Colonial
3) Stirling Residences

Will launch tonight

The agents will be staying long over to capture as many buyers' anxieties in loosing out & b4 the new ABSD kicks in after midnite. Lawyers & bankers will be busy approving & submitting Purchase docs.

[lee_yl]

Estéema:

lee_yl:

Friend’s agent sent her this:


Team, please take note.

1) Riverfront Residences
2) Parc Colonial
3) Stirling Residences

Will launch tonight

The agents will be staying long over to capture as many buyers' anxieties in loosing out & b4 the new ABSD kicks in after midnite. Lawyers & bankers will be busy approving & submitting Purchase docs.

I think all property showrooms will open till dawn. Developers will give last-minute discounts. Who knows, maybe can backdate OTP by 1 day.

[MyPillow]

Such a short notice - developers n buyers stressed!

So many enbloc projects , lots of units - so many Levy- price stagnant & high -sellers must. Be able to hold in these few yrs again

[Coolkidsrock2]

There are headwinds of higher interest rate, potential trade war and job loss arising from the 4th industrial revolution to contend with.

[lee_yl]

I think our property market will crash only if there’s an economic downturn with mass retrenchment. As long as Singapore’s economy is healthy and still growing, don’t think it will crash.


In fact, the higher ABSD and tighter loan restrictions are meant to guard against growing euphoria in the property market and should only cause a soft landing.

Hmm… Friend A told me it is now more economical to do a decoupling than to pay 12% ABSD for 2nd property. Friend B said she is now seriously considering buying under her child’s name,